In the vast tides of the global economy, certain forces have the power to completely rewrite the rules. These may come in the form of technological breakthroughs, sweeping policy shifts, or a reconfiguration of the global order — what we call disruptive trends.

As we enter 2025, multiple disruptive forces are converging and accelerating:

• Technological revolutions are driving unprecedented business model innovation.

• Geopolitical shifts are reshaping capital flows and the structure of global supply chains.

• Deep transformations in consumption, energy, and financial systems are unfolding at speed.

In this environment, the traditional approach of relying on a single predictive model for investment is no longer sufficient. The future path of the world cannot be fully mapped in the short term — and that uncertainty is precisely what makes long-term investing so challenging.

1. Economic Transformation: Balancing the Unknown and the Certain

Disruptive trends are triggering a structural economic transformation. This is not the result of a single event, but of multiple forces interacting:

• Technology-driven productivity shifts: rapid adoption of AI, quantum computing, and renewable energy.

• Geoeconomic rebalancing: restructuring of supply chains, evolving trade relationships, and a growing push for regional self-sufficiency.

• Capital structure evolution: private equity and long-term capital taking center stage in the innovation economy.

Yet, amidst all this change, enduring economic principles remain in place. No matter how volatile market sentiment may be, the global economic system will not fundamentally reverse overnight — meaning that long-term structural anchors can still be identified.

2. Multi-Scenario Analysis: Moving Beyond Single Predictions

At Galexor Capital, we know that relying on a single forecast is like navigating through fog with only one map — if that path is blocked, direction is instantly lost.

Our strategy is built on Multi-Scenario Analysis:

• Baseline Continuation: assuming gradual evolution within the current framework, with markets and policies adapting over time.

• Accelerated Transformation: technology and policy work in sync to boost productivity and reshape industries.

• Risk Disruptions: sudden events or policy shifts cause short-term shocks, testing the resilience of assets.

This approach ensures that, no matter which scenario unfolds, we have predefined strategies and maintain flexibility in asset allocation.

3. Market Signals: Short-Term Indicators, Long-Term Vision

Recent market movements highlight the importance of multi-scenario readiness:

• U.S. equities: corporate earnings for Q2 exceeded expectations, driving indices close to record highs.

• European markets: optimism over easing tensions in Ukraine strengthened overall performance.

• Inflation watch: monitoring the potential ripple effect of tariffs on consumer prices remains critical in the coming months.

While short-term data may sway market sentiment, long-term positioning must not be dictated by single indicators. For example, we track U.S. CPI not just to predict interest rate changes, but to understand broader macro trends — inflation, consumer purchasing power, and policy flexibility — all of which form the foundation for long-term strategy.

4. Private Markets: The Core Allocation in Disruptive Times

Among all asset classes, we maintain a strong preference for private markets — and for good reason:

• Disruptive trends often take root in non-public markets.

• High-growth companies create significant value before going public, often outperforming secondary market returns.

• Private investors can engage deeply with companies, providing both capital and strategic guidance.

Private markets demonstrate resilience and potential for superior returns across scenarios:

• In baseline continuation, quality private assets offer stable growth.

• In accelerated transformation, they are the front line where innovation meets capital.

• In risk disruptions, private assets often experience lower volatility, smoothing portfolio performance.

5. Galexor Capital’s Approach and Commitment

In the face of disruption and uncertainty, our philosophy is anchored on Insight + Discipline + Flexibility:

• Insight: continuously track global macro shifts, technological change, and capital flows to identify emerging long-term drivers.

• Discipline: apply strict processes in asset selection, risk management, and portfolio rebalancing, avoiding emotional decisions.

• Flexibility: maintain strategic agility to adjust allocations promptly as scenarios evolve.

We don’t just manage assets — we help investors manage their perspective of the future. Because in an age driven by disruptive trends, the difference in perspective is the difference in returns.

6. Guiding Investors with Frontline Insights

Disruptive trends will not slow down in the years ahead — if anything, they may accelerate. Technological breakthroughs, geopolitical shifts, and industrial restructuring will continue to create both opportunities and challenges.

Galexor Capital’s role is to stand at the forefront of observation:

• Filtering and refining complex global information into actionable strategies.

• Helping investors maintain clarity under all scenarios.

• Using private markets as a core anchor to balance long-term returns with short-term resilience.

7. New Anchors for a New Cycle

Disruptive trends are rewriting the underlying logic of global investing. Relying on single forecasts is no longer safe. In this environment, the only constant is the ability to adapt to change.

We believe the future belongs to those who can:

• See beyond the noise to find the trend.

• Prepare for multiple scenarios.

• Build steadily around long-term anchors.

At Galexor Capital, we are committed to partnering with global investors to seize opportunities within disruption — making each strategic adjustment a step closer to the right future.

Galexor Capital | Market Frontline Insights

Insight into Trends · Strategic Flexibility · QMT AI Trading as Our Anchor